Dictionary Search: "Vacant" - Pakistan Law Portal

Vacant

adj. 1. Empty; unoccupied <a vacant office>. ( Courts have sometimes distinguished vacant from unoccupied, holding that vacant means completely empty while unoccupied means not routinely characterized by the presence of human beings. 2. Absolutely free, unclaimed, and unoccupied <vacant land>. 3. (Of an estate) abandoned; having no heir or claimant. - The term implies either abandonment or nonoccupancy for any purpose.

Vacantia

See bona vacantia under BONA.

bona vacantia

[Latin "vacant goods"] 1. Property not disposed of by a decedent's will and to which no relative is entitled under intestacy laws. See ESCHEAT. 2. Ownerless property; goods without an owner. Bona vacantia often resulted when a deceased person died without an heir willing and able to make a claim. The property either belonged to the finder or escheated to the Crown. - Also termed uacantia bona. - Sometimes shortened to vacantia.

bona vacantia.

See BONA.

vacant succession

Civil law. 1. A succession that fails either because there are no known heirs or because the heirs have renounced the estate. 2. An estate that has suffered such a failure. 3. The right by which one group, in replacing another group, acquires all the goods, movables, and other chattels of a corporation. 4. The continuation of a corporation's legal status despite changes in ownership or management. - Also termed artificial succession. -successor, n.

vacantia bona